ECO511: Demand–Supply Analysis - Supply Chain Management Assignment Help

Internal Code : 1ABJCC

Supply Chain Management Assignment Help

Task : 1 Your task is to use the demand–supply analysis in order analyze some real-world economic event(s). You might want to take the cable tv analysis as a benchmark of what I am expecting. First, you should find an appropriate event or a sequence of events. It has to be a real-life situation (as opposed to imaginary example like Exercises 1 and 2 we did in class). It is important that you focus on the markets which are competitive – after all, supply–demand analysis applies only to competitive markets. Hence, you should not use a story about a market that is monopolistic or with just few players (firms or consumers). Your sources could be the newspapers or the Internet. What you write might be about Saudi Arabia but does not have to; you can analyze events from other countries as well. (I personally prefer stories from Saudi Arabia or the Middle East; however, there will be no discrimination against stories from other parts of the world.) Task : 2 Second, you should write a short summary (one page maximum) of what you analyze. That is, before you capture the reality in the demand–supply model, I want to read a story in English. Note that together with your essay, you must submit a pdf file with the sources of your information (links to websites are not enough because internet content might disappear). Even if the article(s) you use are not in English, I need to have the documentation supporting your story. Task : 3 Third, conduct the demand–supply analysis. I want to see the graphs and explanation of what happens in the graphs and how this captures the story. Note that there are two types of events you can analyze. It is your choice what you pick.

1. Complete/finished stories. Here, you analyze what has already happened. There is a sequence of events and you analyze relationship among them.
2. Incomplete/unfinished stories. Here, you try to predict what is going to happen. There is one event that is supposed to trigger a sequence of events.